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FedEx's lower full-year forecast sinks its stock
FedEx Stock Sinks After Company Cuts Outlook
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also posted lower quarterly profit and revenue. Weaker-than-expected demand, particularly in the U.
FedEx Stock: Price-Target Cuts Roll In After Big Earnings Miss
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year outlook. Here's what you need to know.
Why Did FedEx Stock Fall 13%?
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, and $4.90, respectively.
4h
on MSN
FedEx’s earnings miss may be more of a speed bump than a brick wall, analyst says
Analysts sees a potential spinoff of FedEx’s freight business as a potential boost, but the stock is dropping sharply ...
3h
on MSN
Wall Street edges back from its records as FedEx slumps
Wall Street pointed lower as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets’ focus ...
2d
Pick FedEx Stock Ahead Of Q1?
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
33m
Stock Market Today: Dow slips Friday as post-Fed rally pauses, but stocks remain on track for weekly gains
Friday's big stock-market loser was FedEx Corp., with shares of the package-shipping company down 14% in recent trade, according to Dow Jones Market Data. What triggered such a precipitous drop? FedEx ...
3h
Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.3%, after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ...
5h
on MSN
5 Things to Know Before the Stock Market Opens
Nike Stock Jumps as It Replaces CEO With Veteran Executive . Nike shares are jumping 5% in premarket trading after the global ...
1d
Stock market today: Wall Street romps toward records as jubilation sweeps markets worldwide
Wall Street is leaping toward records as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big ...
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